Smog Price Prediction: SMOG Goes Ballistic With 94% Pump As This Other Meme GameFi Gem Skyrockets 131% In A Month

The Smog price has exploded 94% to trade for $0.2481 as of 03:25 EST time on trading volume that soared almost 400%.

With this surge, SMOG is an outlier among meme coins as sector tokens slump in the aftermath of the Bitcoin price weakness.

Smog may not be immune to downside risk though as its Relative Strength Index (RSI)  appears subdued, moving broadly horizontally but inclined south.

The position of the RSI above 70 also points to an overbought asset, which means Smog may be due for a correction.

TradingView: SMOG/USD 1-day chart

But it’s critical to consider that any move south could be an opportunity to buy SMOG at lower prices before its next leg up.

The odds still favor the upside, with SMOG clinging firmly to its bullish outlook. The Smog price could push north to reclaim the $0.3131 peak or extend higher to record a new local top above the $0.3500 threshold. Such a move would constitute a 40% climb above current levels.

If the bears have their way, however, the Smog price could drop. For the bullish thesis to be invalidated, the Solana-based meme coin’s market value must descend and close below the 38.2% Fibonacci retracement level at $0.1215.

Recent reports point to growing interest in Smog, with whales moving in to buy chunks of the token worth as much as $26k. This could bolster the upside potential for the Solana-based meme coin.

The Allure Of Smog On The Solana Blockchain

The Smog token has delivered a remarkable performance and captivated audiences since its debut and is Solana’s fastest-growing meme coin.

Having set the bar high at launch, its hallmark is to deliver the largest airdrop in the history of the Solana ecosystem. To qualify for the airdrop, however, SMOG token holders must actively engage in the staking plan to qualify for the airdrop.

Additionally, the team is actively pursuing a multichain debut to expand its reach and value. There are also plans to launch the token on additional DEX and CEX platforms. Accomplishing these milestones will likely propel the project to new heights.

Nevertheless, as meme coins are now correcting, investors are looking for ways to diversify their portfolios in projects that will give them a good ROI.

In this regard, Sponge V2 presents itself as a worthy candidate, a meme GameFi gem that has skyrocketed 131% over the past month.

https://www.youtube.com/watch?v=AHNZ-7fGcGY&pp=ygUJU3BvbmdlIFYy

Promising Alternative To Smog

Sponge V2 forays into the market with unique strategies for transaction fees, liquidity, and staking, building on its predecessor’s success. And while it maintains the appealing viral meme coin aspect of its previous iteration, Sponge V1, the second version introduces token utility, potentially resulting in sustained demand over the long run.

ONLY UP 🚀🧽🧽🧽🧽 $SPONGE

Important claim announcement coming soon! 🌟

Stay tuned 💦#SpongeV2 #MemeCoin #Crypto #AltSeason #Bullish pic.twitter.com/76CnfokjjS

— $SPONGE (@spongeoneth) March 6, 2024

Sponge was introduced to the market in May 2023. Early investors experienced a comparable upward trend to PEPE, as the coin surged to a $100 million market cap, yielding returns of up to 100x for holders.

The meteoric rise was enabled by listings on over ten prominent exchanges including MEXC, LBank, Poloniex, Gate.io, and more. Sponge has more than 13K token holders and is supported by 30K social media followers.

🧽 Ride that $SPONGE wave! 🌊 LFG 🚀#MemeCoin #AltGem #Crypto #100x pic.twitter.com/2PkqBon0tF

— $SPONGE (@spongeoneth) March 6, 2024

The price of Sponge V1 at launch was $0.000025, with Sponge V2 now priced at $0.001581 for a 6,324% gain. Over the last month, the token is up over 131%.

If you weren’t able to benefit from Sponge’s past success, you can still seize the opportunity to invest in Sponge V2 before it launches on additional major exchange imminently.

Building on the success of Sponge V1, V2 aims to offer increased utility and rewards while retaining the core elements of a meme token.

Did you miss #SpongeV2 as well, anon? 🧽💦

Stake your $SPONGE today! 🚀#MemeCoin #Web3 #AltSeason #Crypto pic.twitter.com/1mkn5zjEvA

— $SPONGE (@spongeoneth) March 4, 2024

Sponge Migration To Polygon Network

The token now runs on the Polygon network. This recent migration offers cheaper and faster transactions while mitigating the impact of the ERC-20 smart contract hack. Over the past month, more than $12 million V1 tokens have already been staked and bridged for $SPONGEV2.

📣 Attention, #SPONGERS!

Here is some important information to remember about $SPONGE V2!$SPONGE V1 has officially been discontinued, and V2 has been launched on #Polygon! 🔥

Learn more about the token details below 👇https://t.co/TCdxgXx40w

🧵1/3 pic.twitter.com/YZzXOlKmHY

— $SPONGE (@spongeoneth) February 6, 2024

You can purchase or stake $SPONGE through the widget on spongetoken.vip to receive bonus V2 tokens and continue staking V1 Sponge tokens to accumulate additional V2 tokens.

The Sponge V2 team is also developing a unique play-to-earn (P2E) game, introducing a new utility. Players can earn $SPONGEV2 tokens by participating in the game and achieving high rankings on the leaderboard.

The game offers both free and paid versions, allowing users to play for fun or use Sponge V2 tokens to purchase game credits for additional passive earnings.

Crypto analyst Jacob Crypto Bury sees 100X potential for Sponge V2 on launch. If you are interested, buy soon because there are rumors of imminent new exchange listings for Sponge V2.

Visit and buy Sponge V2 here.

Also Read:

• Top 7 Altcoins Set to Skyrocket Before the Bitcoin Halving – Next 10X Cryptos to Explode
• Sponge Staking And Bridging Blasts Past $10m, Ethereum And Polygon SPONGE V2 Yields At 190% And 968%
• Is Sponge V2 The Top Altcoin To Invest In, As Staking Exceeds $12 Million?
• Sponge Staking And Bridging Blasts Past $10m, Ethereum And Polygon SPONGE V2 Yields At 190% And 968%

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